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downturn or whatever else might happen. still, n.y.u. professor april klein says companies are over doing it. >> i know they say you can never be too rich or too thin, but companies can in fact be too rich. and, sometimes you do want to shrink out the cash. >> reporter: that's because too much cash can make a company a takeover target. and, with interest rates so low, all that money is just not productive. special dividends are one option for corporate treasurers struggling to spend it. but, what happened to firms investing capital for the future, by hiring new workers, buying other businesses, or on research and development? experts say we won't see that until lawmakers get their act together. >> right now corporate managers are essentially holding their cash waiting for greater policy clarity. and, until greater policy clarity comes, i don't expect to see an real significant deployment of cash whether it be in investment or returning cash to shareholders. >> reporter: and, then, there are share buybacks, which like dividends are popular this year. buybacks are considered a sign manageme
is vee out tomorrow. grey, and christmas says u.s. eenmploymt firm challenger, grey, and christmas says u.s. compasts la month.lo cuts last month. ar py,seelat n t separately, the number of planned job cuts rose 20% in november from october's levels. on wall street, the dow rose 39 points, but the nasdaq added 15, the s&p up nearly five. >> reporter: i'm erika miller in new york. coming up tonight, we'll talk to the c.e.o. of kitchen store sur la table and get his outlook for holiday sales. >> tom: lots of theatrics today, but few visible signs of progress in washington towards a fix for the fiscal cliff. the only hopeful sign is that republicans and democrats are talking privately again. but they haven't worked out any of the big issues, including what to do about the nation's debt limit. washington will hit its borrowing limit early next year, darren gersh has the latest. >> reporter: sitting around the kitchen table with a middle class family in virginia, the president once again pressed for congress to avoid the fiscal cliff. >> if this family has a couple of thousand dollars less to
are having trying to find new projects in regions outside the u.s. and with interest rates currently at historic lows, the timing was right to ink the two deals. diane eaabrook, "n.b.r., chicago. >> tom: daniel rohr is a metals and mining analyst from morningstar and joins us from chicago. dan, how unique of a deal is this in the u.s. to have mining and energy drilling all in the same company? >> it is very unusual, forthe p. decades, ago, however, we had seen a lot of the oil majors, folks like amco, with exposure to mining as well. this is an animal we haven't seen in quit sometime in the u.s. >> t: what drove the deal for freport, why did it want to go outside its expertise mining, that was two generations of leaders ago. why now? >> yeah. i'm still struggling with the underlying strategic rationale for this deal. judging by the stock market, i can't see a clear rationale as far as why they did this. what management has said is they see a compelling story for oil and gas demand over the next several decades, and the purchase of plains and m.n.r., was a good way to bet on that outl
>> this is n.b.r. >> susie: good evening everyone. i'm susie gharib. the unemployment rate drops to a four year low as u.s. businesses add 146,000 jobs in november. we look behind the numbers. >> tom: i'm tom hudson. we meet the c.e.o.'s of three small businesses hiring right now. what they do and why they're looking for help. >> susie: and house speaker boehner accuses president obama of wasting another week in the fiscal cliff negotiations. >> tom: that and more tonight on "n.b.r."! >> susie: the job market is proving to be surprisingly resilient. american employers hired 146,000 workers in november, much more than expected. and the unemployment rate fell to 7.7%, the lowest level since december of 2008. as erika miller reports, that wasn't the only surprise in today's report. >> reporter: almost no one on wall street saw this good news coming. there was every reason to think hiring would be weak last month. after all, many parts of the east coast are still recovering from devastation caused by superstorm sandy. >> i think the most likely explanation here is sandy's impact was
Search Results 0 to 10 of about 11 (some duplicates have been removed)